Karachi, BankIslami Pakistan Ltd (BIPL) has announced an increase in its dividend payout to 27.5% for 2024 from 10% in the previous year. The bank’s EPS for the first quarter was Rs. 4.00, with its shares reaching a high of Rs. 27.12 and a low of Rs. 19.9, before closing at Rs. 22.80. Listed in 2006 with a paid-up capital of Rs. 11,087.03 million, BankIslami is progressing steadily in the competitive market.